South Africa's FSB to rule on crowdfunding by June 30 - Ventureburn

South Africa's Financial Services Board (FSB) has set a date of 30 June by which it plans to rule on whether to craft specific rules or not for equity crowdfunding, an FSB spokesman said this week.

This follows the completion of a research report by the FSB on crowdfunding. FSB internal communications coordinator Thandolwethu Masango told Ventureburn however that the report on the FSB's research would not be made public.

"The research was meant to assist the FSB to get insight into how other jurisdictions are supervising crowdfunding activities and which piece of legislation would be...